A share price of Serve Robotics Inc [SERV] is currently trading at $10.83, up 15.34%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SERV shares have gain 45.17% over the last week, with a monthly amount glided 100.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Serve Robotics Inc [NASDAQ: SERV] stock has seen the most recent analyst activity on October 28, 2024, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $16. Previously, Northland Capital started tracking the stock with Outperform rating on October 18, 2024, and set its price target to $16. On October 07, 2024, Seaport Research Partners initiated with a Buy rating and assigned a price target of $12 on the stock.
Serve Robotics Inc experienced fluctuations in its stock price throughout the past year between $1.77 and $24.35. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Serve Robotics Inc [NASDAQ: SERV] shares were valued at $10.83 at the most recent close of the market. An investor can expect a potential return of 112.37% based on the average SERV price forecast.
Analyzing the SERV fundamentals
Trailing Twelve Months sales for Serve Robotics Inc [NASDAQ:SERV] were 1.31M which represents -53.47% decline. Gross Profit Margin for this corporation currently stands at -1.64% with Operating Profit Margin at -34.9%, Pretax Profit Margin comes in at -33.2%, and Net Profit Margin reading is -33.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.41 and Total Capital is -0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.00 points at the first support level, and at 9.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.27, and for the 2nd resistance point, it is at 11.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Serve Robotics Inc [NASDAQ:SERV] is 38.03. Also, the Quick Ratio is 38.03, while the Cash Ratio stands at 37.61. Considering the valuation of this stock, the price to sales ratio is 472.25, the price to book ratio is 2.93.
Transactions by insiders
Recent insider trading involved Read Brian, Chief Financial Officer, that happened on May 13 ’25 when 8900.0 shares were sold. Officer, Read Brian completed a deal on May 13 ’25 to buy 8900.0 shares. Meanwhile, Chief Financial Officer Read Brian sold 7000.0 shares on May 09 ’25.
